liberalism

Meanings

Plural: liberalisms

Noun

• a political orientation that favors social progress by reform and by changing laws rather than by revolution
• an economic theory advocating free competition and a self-regulating market
• The quality of being liberal.
• Any political movement founded on the autonomy and personal freedom of the individual, progress and reform, and government by law with the consent of the governed.
• An economic ideology in favour of laissez faire and the free market (related to economic liberalism).

Related Words

free market